Core Insights - Synchrony Financial (SYF) has launched a new physical credit card in collaboration with PayPal, allowing users to access PayPal Credit both online and in-store wherever Mastercard is accepted [1][8] - The card features a promotional offer of six months of financing on travel purchases with no minimum spend, as well as six months of financing on purchases over $149 [2][8] - The introduction of this card aligns with the growing consumer interest in alternative financing options and Buy Now, Pay Later (BNPL) solutions, enhancing payment flexibility for users [3][8] Company Strategy - The launch of the new credit card strengthens the long-term relationship between SYF and PayPal, supporting SYF's strategy to diversify its portfolio and integrate credit products into digital ecosystems [4][8] - PayPal's extensive user base, with 436 million active accounts reported in Q1 2025, is expected to boost payment volumes and customer retention for SYF [4] Market Performance - SYF is actively expanding its presence through partnerships, which is likely to improve its active accounts, despite a 4% year-over-year decline in purchase volume to $40.7 billion in Q1 2025 [5] - Over the past year, Synchrony shares have increased by 37.9%, outperforming the industry average rise of 8% [6]

Core Insights - The 2025 Pet Lifetime of Care Study by Synchrony reveals a significant increase in lifetime pet care costs, with costs for dogs rising over 10% and nearly 20% for cats compared to 2022 findings [1][2][5] - The study indicates that nearly 80% of pet owners underestimate the lifetime care costs for their pets, highlighting a gap between perceived and actual expenses [1][2][3] Pet Care Cost Trends - The average lifetime cost of dog ownership is estimated to range from $22,125 to $60,602, an increase from the previous range of $20,000 to $55,000 [5][6] - For cats, the estimated lifetime care costs range from $20,073 to $47,106, reflecting a 19.4% increase from previous estimates [5][7] - Small companion animals, such as hamsters and guinea pigs, have an estimated lifetime care cost of $7,600 to $14,938 over a 6-year lifespan, while owners expect to spend less than $3,000 [4][5] Financial Preparedness and Solutions - A growing number of pet owners are facing unexpected expenses, with 74% reporting costs exceeding $250, while only 31% feel comfortable managing major pet expenses [2][3] - Financial worry related to pet care has increased from one in three pet owners in 2022 to nearly one in two in 2025, indicating a rising economic impact [3] - 58% of pet owners have utilized credit cards for pet care, and only 20% have dedicated savings or insurance for emergencies [3][6] Technological Investments in Pet Care - Dog owners are increasingly investing in health insurance and wellness plans, with annual costs rising from $198 to $313 for insurance and from $422 to $701 for wellness plans [5][6] - Cat owners are also embracing technology, with annual costs for tech-related products nearly doubling, reflecting a shift towards preventive care and enhanced wellbeing [7][8] Study Methodology - The 2025 Lifetime of Care study surveyed 4,861 pet owners between January 31 and February 22, 2025, focusing on spending patterns and challenges associated with pet care costs [10]

Core Insights - Synchrony Financial (SYF) has entered a strategic partnership with Jewelers Mutual Group to integrate financial services with insurance offerings, aiming to enhance market presence and connect with a broader audience [1][3][4] Group 1: Partnership Details - The partnership will promote SYF's consumer financing solutions through Jewelers Mutual's marketing channels and on the Zing Marketplace, which serves as a digital hub for jewelers [2] - This collaboration is expected to provide jewelry retailers with tools to increase sales through financing options while educating customers on protecting their purchases [3] Group 2: Market Impact - The integration of financing and insurance services is anticipated to build customer trust, simplify the buying process, and potentially increase average order values for retailers [4] - If successful, this strategy could serve as a model for other industries dealing with high-value purchases, such as electronics and automotive [5] Group 3: Company Performance - SYF is actively expanding its presence through partnerships, although its average active accounts decreased by 3% year over year to 69.3 million in the first quarter [6] - Over the past year, SYF shares have increased by 35.7%, significantly outperforming the industry's growth of 7.8% [7]

Core Insights - Synchrony and Jewelers Mutual have entered into a sponsorship agreement to co-market financing and insurance services to jewelry merchants [2][3] - The collaboration aims to enhance customer awareness of financing options and insurance coverage for jewelry [3][5] Company Overview - Synchrony is a leading consumer financial services company, providing responsible access to credit and banking products for nearly 100 years [7] - Jewelers Mutual, founded in 1913, specializes in insurance for jewelry and has a strong financial position with 38 consecutive "A+ Superior" ratings from AM Best [6] Market Impact - Synchrony financing solutions will be featured in Jewelers Mutual's marketing materials and on Zing Marketplace, which offers essential tools for jewelry merchants [3][4] - Synchrony currently serves over 4,000 jewelry retailers nationwide, helping them grow their businesses and enhance customer purchasing power [5]

Core Viewpoint - Synchrony Financial (SYF) has experienced an 8.7% increase in stock price over the past month, driven by positive investor sentiment regarding its profitability and shareholder value initiatives, outperforming both the industry and the S&P 500 Index [1][13]. Company Overview - Synchrony Financial, with a market capitalization of $21.6 billion, is a leading consumer financial services company offering a diverse range of credit products. The company is positioned for growth due to its improving digital capabilities and expanding CareCredit platform [4]. Growth Drivers - The company has formed strategic partnerships with industry leaders such as PayPal, Venmo, J.Crew Group, and Mastercard, enhancing customer payment experiences and reinforcing its competitive position [5]. - The CareCredit platform shows strong growth potential as Synchrony expands into broader health systems, while partnerships in the pet care market continue to support long-term growth [6]. Financial Strength - As of the end of the first quarter, Synchrony reported total liquidity of $26.4 billion, accounting for 21.7% of total assets, with a debt-to-capital ratio of 50.6%, which is better than the industry average of 54.7% [7]. - The company returned $600 million to shareholders through share buybacks and dividends in the first quarter, and has approved a new $2.5 billion share repurchase program [8][9]. Earnings Estimates - The Zacks Consensus Estimate for 2025 adjusted earnings is $7.69 per share, indicating a year-over-year growth of 16.7%. The estimates for 2026 suggest further growth of 13.7%, with revenue increases of 3% and 5% for 2025 and 2026, respectively [10]. Valuation - SYF is currently trading at a forward earnings multiple of 6.99X, lower than its five-year median of 7.50X and the industry average of 18.08X, indicating an attractive valuation compared to peers like American Express and Capital One Financial [11].

A month has gone by since the last earnings report for Synchrony (SYF) . Shares have added about 14.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Synchrony due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It turns out, es ...

Core Insights - Synchrony Financial has renewed and extended its partnership with Discount Tire, allowing customers to finance tire and auto-related purchases at over 1,200 retail stores and more than a million locations within the Car Care network nationwide [1][2]. Group 1: Partnership Significance - The extension of the partnership reinforces Synchrony's position in the auto financing space, catering to consumers seeking flexible financing options as vehicle ownership costs rise [2]. - This collaboration enhances customer loyalty for both companies by improving convenience and affordability for big-ticket purchases like tires [3]. Group 2: Financial Implications - The partnership is expected to increase Synchrony's loan volume and interest earnings, particularly as deferred interest promotions convert [3]. - Retaining Discount Tire as a key partner helps maintain consistent revenue streams and reduces churn risk, with the card accepted at over a million locations [4]. Group 3: Recent Performance Metrics - Synchrony's first-quarter results showed weaknesses, with total loan receivables at $99.6 billion, down 2% year over year, and purchase volume falling 4% to $40.7 billion [5]. - Average active accounts decreased by 3% to 69.3 million [5]. Group 4: Stock Performance - Synchrony shares have gained 31.5% over the past year, outperforming the industry's 8.2% rise [6].

Core Insights - Synchrony and Discount Tire have extended their partnership for over 25 years, ensuring customers have access to flexible financing options for tire purchases and automotive needs [1][5] - The Discount Tire card can be used at more than 1,200 retail stores across 39 states and over one million additional locations within the Synchrony Car Care network [1][2][3] Company Overview - Discount Tire is a leading independent retailer of tires, wheels, and windshield wipers, operating more than 1,200 stores in 39 states [6] - Founded in 1960, Discount Tire is known for its proprietary online tire recommendation tool, Treadwell, which uses data to suggest suitable tires for drivers [6] Financing Options - The Discount Tire credit card offers exclusive financing options, including deferred interest promotions and no annual fee, with zero-dollar liability for fraud transactions [4] - Customers can prequalify for the Discount Tire credit card online without impacting their credit score [4] Digital Solutions - Cardholders have access to innovative digital payment solutions, including the ability to add the Discount Tire credit card to Apple Wallet for seamless in-store purchases via Apple Pay [5] Industry Context - As vehicle ages increase and maintenance costs rise, financing solutions like those offered by Synchrony help drivers manage their budgets effectively [5]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 001-36560 (Commission File Number) SYNCHRONY FINANCIAL (Exact name of registrant as specified in its charter) Delaware 51-0483352 (State or other jurisdiction of inco ...

Core Insights - Synchrony has partnered with Texas A&M University Veterinary Medical Teaching Hospital, making CareCredit available at all 29 public veterinary university hospitals in the U.S. [1][2][3] Company Overview - Synchrony is a premier consumer financial services company that offers a comprehensive suite of digitally enabled financial products across various industries, including health and wellness, retail, and pet care [7][8]. Industry Impact - The collaboration with Texas A&M is expected to enhance access to veterinary care and provide financial flexibility for pet owners, reinforcing CareCredit's mission to make quality pet care accessible [3][4]. - CareCredit has been a financing option for over 35 years, accepted in more than 26,000 veterinary practices across the U.S., and is recommended by the American Animal Hospital Association [5]. Service Features - CareCredit offers various financing options, allowing pet owners to manage costs effectively, with real-time prequalification and quick credit decisions [4].